Valuation of an IT consultancy firm
Appointment Type: Expert advisor
Service Area: Valuations, Divorce and Matrimonial Matters
Litigation Type: Matrimonial
Size of Case: £500,001 - £2.5 million
Appointed as a shadow expert in matrimonial proceedings to provide an opinion on the value of a company which provided IT solutions and consultancy, including outsourced IT management. Also asked to comment on the tax implications of a sale of shares and to provide an opinion on liquidity, including confirming various routes by which money could be withdrawn from the business and related taxation consequences, the maximum sum which could be withdrawn in the next 6 to 12 months and over the next 5 years and the maintainable future income that a party could draw from the Company.